Mathematics, 02.04.2020 03:25 Erinkim7608

The function f(t)=3,502.86(1.15)(t−12) models the amount of money in Gavin's investment account after t years. Gavin says this means that the initial amount in the account was $3,502.86. Is he correct? Why or why not?

A. No, because you need to multiply 3,502.86 to find the initial amount.

B. No, because f(0) is not 3,502.86.

C. Yes, because 3,502.86 is multiplied by the exponential term.

D. Yes, because f(0)=3,502.86

Answers: 2

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The function f(t)=3,502.86(1.15)(t−12) models the amount of money in Gavin's investment account afte...